How much did the federal government spend in 2009?
2009 United States federal budget
| Submitted | February 4, 2008 |
|---|---|
| Total expenditures | $3.107 trillion (estimated) $3.518 trillion (actual) 24.4% of GDP (actual) |
| Deficit | $407 billion (requested) $1.413 trillion (actual) 9.8% of GDP (actual) |
| Debt | $11.876 trillion (at fiscal end) 82.4% of GDP |
| GDP | $14.415 trillion |
How much money did the federal government spend in 2010?
2010 United States federal budget
| President Barack Obama with OMB Director Peter Orszag. | |
|---|---|
| Submitted | February 26, 2009 |
| Submitted to | 111th Congress |
| Total revenue | $2.381 trillion (requested) $2.163 trillion (actual) 14.6% of GDP (actual) |
| Total expenditures | $3.552 trillion (requested) $3.456 trillion (actual) 23.4% of GDP (actual) |
How much did the federal government spend in 2008?
2008 United States federal budget
| Submitted | February 5, 2007 |
|---|---|
| Submitted by | George W. Bush |
| Submitted to | 110th Congress |
| Total revenue | $2.662 trillion (requested) $2.524 trillion (actual) 17.1% of GDP (actual) |
| Total expenditures | $2.902 trillion (requested) $2.983 trillion (actual) 20.2% of GDP (actual) |
When was the last time the US federal government passed a budget?
FIXING CONGRESSIONAL BUDGETING And yet congressional budgets are increasingly rare. Between 1975, when the current budget process took effect, and 1998 Congress never failed to pass a budget. Since then, Congress has failed to pass a budget in 7 of the last 15 fiscal years.
Why did government spending increase in 2009?
Poor Handling of the Financial Crisis A slow economic recovery kept tax revenue relatively low for several years. Second, legislators used the recession as an excuse to massively increase the amount of federal spending. The 2009 stimulus package in particular led to record-setting spending levels.
Why was there a deficit in 2009?
Turning our attention to the other side of the balance sheet reveals another surprising fact: The great deficit of 2009 was the result not just of increased spending, but also of dramatically lower tax revenues.
How much of the budget is mandatory spending?
Mandatory spending makes up roughly two-thirds of the total federal budget in most years, and more in some years. In 2020, most pandemic relief fell under mandatory spending programs. This led to mandatory spending of $5.2 trillion, much higher than in previous years.
How much money did the federal government spend in 2005?
2005 United States federal budget
| Submitted | February 2, 2004 |
|---|---|
| Total expenditures | $2.4 trillion (requested) $2.47 trillion (actual) 19.2% of GDP (actual) |
| Deficit | $364 billion (requested) $318.3 billion (actual) 2.5% of GDP (actual) |
| Debt | $7.905 trillion (at fiscal end) 61.3% of GDP |
| GDP | $12.889 trillion |
How much did the government spend in 2011?
2011 United States federal budget
| Submitted | February 1, 2010 |
|---|---|
| Total expenditures | $3.834 trillion (requested) $3.603 trillion (actual) 23.4% of GDP (actual) |
| Deficit | $1.645 trillion (requested) 10.9% of GDP $1.30 trillion (actual) 8.5% of GDP (actual) |
| Debt | $14.764 trillion (at fiscal end) 96.0% of GDP |
| GDP | $15.379 trillion |
What percentage of the federal budget went to mandatory spending 2007?
Outlays
| Outlays | ||
|---|---|---|
| Defense | Other Mandatory | |
| 2001-2007 | 3.6% | 2.4% |
| 2008-2014* | 4.2% | 3.3% |
| 2015-2024* | 2.9% | 2.5% |